BETTING APPS ARE NOT POLLS. “X expected to win primary, Kalshi predicts” that is literally made up based on people from anywhere in the world trying to win money!! The overwhelming majority of gamblers do not live there and have no real knowledge.
Well, yes and no. The odds makers have to set the price where people can’t make out like bandits.
3
Anonymous1w
Betting on gas prices is basically free money. These mfs don’t seem to look at the average prices on AAA and keep thinking they’ll go down somehow 😭
1
Anonymous#11w
Russian oil is at an all time low, so…
1
Anonymous#31w
The price of gas at the pump does not follow the price of crude oil as closely as some might think
1
Anonymous#11w
Thank you captain obvious, Russian oil is still going down though
1
Anonymous#31w
So what relevance does that have to the Kalshi market for the average US gas price in December
1
Anonymous#11w
When did we specify that was the topic
1
Anonymous#31w
Context clues
1
Anonymous#11w
Ur talking about how people are dumb for thinking prices will go down and I mention how prices of aspects within the oil n gas industry are going down and ur talking to me like im dumb? Gas is at the lowest it has been in 4 years rn btw.
1
Anonymous#31w
The AAA website showed this and odds for average regular gas prices being above $2.80 were only 75-80%. That’s what I’m saying